Gemini Accuses CFTC of ‘Lawfare’ in 7-Year Legal Battle

Gemini Accuses CFTC of ‘Lawfare’ in 7-Year Legal Battle
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.

Crypto exchange Gemini has filed a complaint against the CFTC, alleging a seven-year ‘lawfare’ campaign driven by career ambitions rather than consumer protection. The exchange claims the investigation was based on false whistleblower claims from a discredited former employee.

  • Gemini alleges CFTC enforcement lawyers pursued a high-profile case for career gain, not market protection.
  • The case originated from a whistleblower later found to have committed fraud, yet the CFTC continued its pursuit.
  • Gemini paid a $5 million settlement but maintains no market harm occurred from its Bitcoin futures pricing.
Notifications 0